IROC vs NIM

Comparison between INVESCO ROCHESTER HIGH YIELD MUNICIPAL ETF (IROC, ETF) and Nuveen Select Maturities Municipal Fund (NIM, ETF).

IROC vs NIM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IROC(ETF)	NIM(ETF)
Net Assets	$124M	$124M
Expense Ratio	0.39%	N/A
Max Drawdown	6.98%	28.57%
Sharpe Ratio	1.00	0.34
5Y Beta	0.03	0.13
5Y Dividends CAGR	N/A	-0.73%

Net Assets

Winner

IROC

$124M

NIM

$124M

Expense Ratio

IROC

0.39%

NIM

N/A

Max Drawdown

Winner

IROC

6.98%

NIM

28.57%

Sharpe Ratio

Winner

IROC

1.00

NIM

0.34

5Y Beta

Winner

IROC

0.03

NIM

0.13

5Y Dividends CAGR

IROC

N/A

NIM

-0.73%

IROC vs NIM - Historical Returns

Returns include dividend reinvestment.

Period	IROC	NIM
1 month	+1.44%	+1.41%
3 months	+1.44%	-5.15%
6 months	+3.17%	+2.08%
1 year	+7.03%	+7.34%
5 years(CAGR)	N/A	+0.05%
10 years(CAGR)	N/A	+1.82%
Max(CAGR)	+4.75%	+3.50%

Winner

IROC

+1.44%

NIM

+1.41%

Winner

IROC

+1.44%

NIM

-5.15%

Winner

IROC

+3.17%

NIM

+2.08%

IROC

+7.03%

Winner

NIM

+7.34%

5Y(CAGR)

IROC

N/A

NIM

+0.05%

10Y(CAGR)

IROC

N/A

NIM

+1.82%

Max(CAGR)

Winner

IROC

+4.75%

NIM

+3.50%

IROC vs NIM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IROC	NIM
2026	+2.68%	+1.75%
2025	+4.01%	+10.61%
2024	+4.75%	+2.15%
2023	+5.81%	+0.18%
2022	-0.88%	-12.38%
2021	N/A	+3.96%
2020	N/A	+4.94%
2019	N/A	+12.36%
2018	N/A	-0.58%
2017	N/A	+4.57%
2016	N/A	-1.60%
2015	N/A	-0.11%
2014	N/A	+14.08%
2013	N/A	-6.81%
2012	N/A	+0.95%
2011	N/A	+12.38%
2010	N/A	-0.53%
2009	N/A	+13.76%
2008	N/A	+6.10%
2007	N/A	-1.79%
2006	N/A	+8.94%
2005	N/A	+7.36%
2004	N/A	+3.05%
2003	N/A	+2.41%
2002	N/A	-1.91%
2001	N/A	+4.88%
2000	N/A	+10.49%
1999	N/A	-8.48%

IROC vs NIM Drawdown Comparison

The maximum drawdown for IROC was -4.79%, occurring on Oct 25, 2023. Recovery took 88 trading sessions.

The maximum drawdown for NIM was -19.96%, occurring on Oct 3, 2023. Recovery took 1054 trading sessions.

The current IROC drawdown is -0.22%. The current NIM drawdown is -5.15%.

Rank	IROC	NIM
#1	-4.79% Jul 26, 2023 - Nov 29, 2023	-19.96% Nov 18, 2021 - Feb 3, 2026
#2	-3.52% Mar 3, 2025 - Sep 8, 2025	-16.23% Feb 5, 2020 - Aug 13, 2020
#3	-2.93% Feb 2, 2023 - Jul 13, 2023	-16.21% Dec 3, 2012 - Sep 18, 2014
#4	-2.64% Feb 25, 2026 - May 29, 2026	-15.01% Jun 4, 2008 - Jan 9, 2009
#5	-1.46% Oct 2, 2024 - Nov 29, 2024	-14.42% Nov 3, 2010 - Nov 7, 2011
#6	-1.30% Dec 6, 2024 - Feb 4, 2025	-14.17% Nov 9, 2001 - Feb 22, 2005
#7	-1.05% May 15, 2024 - Jun 12, 2024	-12.13% Aug 1, 2016 - Apr 10, 2019
#8	-1.03% Mar 22, 2024 - May 7, 2024	-9.68% Nov 1, 1999 - Mar 30, 2000
#9	-1.00% Jan 12, 2024 - Jan 31, 2024	-8.81% Mar 2, 2012 - Sep 12, 2012
#10	-0.94% Dec 13, 2022 - Jan 9, 2023	-8.60% Jan 29, 2015 - Apr 1, 2016
#11	-0.84% Feb 1, 2024 - Feb 28, 2024	-7.95% Oct 3, 2005 - Jun 1, 2006
#12	-0.71% Aug 2, 2024 - Sep 4, 2024	-7.22% Feb 28, 2007 - Jan 14, 2008
#13	-0.55% Jun 14, 2024 - Jul 5, 2024	-6.67% Mar 16, 2026 - May 19, 2026
#14	-0.52% Nov 24, 2025 - Jan 2, 2026	-6.42% Jun 2, 2000 - Dec 19, 2000
#15	-0.47% Feb 6, 2025 - Feb 20, 2025	-6.42% Aug 13, 2001 - Oct 31, 2001

Correlation

Correlation between IROC and NIM is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2000 - 2026)

IROC vs NIM dividend yield comparison.

Year	IROC	NIM
2026	2.13%	1.88%
2025	4.79%	3.61%
2024	4.08%	4.10%
2023	3.68%	3.49%
2022	0.00%	2.88%
2021	0.00%	2.69%
2020	0.00%	3.42%
2019	0.00%	3.03%
2018	0.00%	3.27%
2017	0.00%	3.15%
2016	0.00%	3.23%
2015	0.00%	3.27%
2014	0.00%	3.21%
2013	0.00%	3.60%
2012	0.00%	3.67%
2011	0.00%	3.86%
2010	0.00%	4.21%
2009	0.00%	4.08%
2008	0.00%	4.65%
2007	0.00%	4.76%
2006	0.00%	4.78%
2005	0.00%	4.95%
2004	0.00%	5.10%
2003	0.00%	5.39%
2002	0.00%	5.57%
2001	0.00%	6.25%
2000	0.00%	2.50%